Corporate Transactions
Professional Legal Services
Full Credential Description
Microsoft's Corporate, External, and Legal Affairs (CELA) team faced significant challenges in managing regulatory compliance across multiple jurisdictions. The manual effort required to review regulations, assess their alignment with Microsoft policy, and communicate advice to stakeholders was substantial. Recognizing the potential of generative AI (GenAI) to alleviate this burden, CELA sought to fast-track the deployment of Microsoft Azure-driven solutions to enhance their compliance, advisory, and transactional . To address these challenges, CELA engaged EY Law teams to collaborate on developing a tailored solution. This involved assembling a multidisciplinary team of professionals skilled in advanced technology, AI policy, and legal operations. An intensive two-day workshop was conducted to align on data strategy, privacy, and legal business needs, incorporating feedback from CELA to ensure the solution met the end users' requirements. The outcome was the development of an AI tool integrated with the EY Global Tax Platform, designed to automate and improve regulatory compliance tasks. The implementation of this GenAI solution yielded quantifiable benefits. The tool significantly reduced the time required for CELA lawyers to comprehend regulatory compliance actions. For instance, it automated the summarization of new regulations, allowing lawyers to focus on analysis rather than manual review. Tasks that previously took hours were completed in minutes, enhancing efficiency in drafting implementation guidance and comparing Microsoft policy against new regulations. Additionally, the tool's ability to track changes in regulations over time enabled lawyers to concentrate on the implications of these changes for Microsoft stakeholders. Over four months of development, the teams maintained a growth mindset, iterating rapidly based on user feedback. This collaborative effort resulted in four primary, scalable GenAI skillsets that can be applied to various use cases within the legal department, including document understanding, automated document generation, predictive action, and position tracking. The successful deployment of this GenAI solution not only improved compliance processes but also positioned Microsoft as a leader in the adoption of AI technologies within the legal industry, potentially serving as a blueprint for other organizations looking to enhance their legal operations.
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